DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — National Vision Holdings Inc. (EYE) on Thursday reported first-quarter earnings of $18.3 million.
The Duluth, Georgia-based company said it had net income of 22 cents per share. Earnings, adjusted for one-time gains and costs, were 31 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.
The discount optical retailer and eye care provider posted revenue of $562.4 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $551.4 million.
National Vision expects full-year earnings in the range of 42 cents to 60 cents per share, with revenue in the range of $2.08 billion to $2.13 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EYE at https://www.zacks.com/ap/EYE
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
